[PRESS RELEASE] – CHICAGO and VANCOUVER, British Columbia, Sept. 21, 2026 – Green Thumb Industries Inc., a leading national cannabis consumer packaged goods company and owner of RISE Dispensaries, announced that its board of directors authorized the continuation of the company’s share repurchase program for an additional 12 months, with up to $50 million available for share repurchases.
The repurchase program authorizes, pursuant to a normal course issuer bid, the repurchase of its subordinate voting shares (“shares”) from time to time over the next 12 months. Under the company’s previous repurchase programs that began on Sept. 5, 2023, Green Thumb repurchased the equivalent of approximately 29.5 million shares for $203.4 million.
"Since launching our first repurchase program in 2023, we have returned more than $200 million to shareholders through share buybacks, including more than $80 million in 2026,” Green Thumb founder, Chairman and CEO Ben Kovler said. “As we continue to evaluate the best uses of our capital – from investing in organic growth to pursuing M&A opportunities – renewing this program gives us the flexibility to continue buying back stock when conditions present an attractive opportunity."
The latest repurchase program will commence on Sept. 23, 2026, and expire on Sept. 22, 2027. Green Thumb is not obligated to purchase any shares. If management determines it has a better use for its cash reserves, it is under no obligation to continue to purchase shares, and share purchases may be suspended or terminated at any time at Green Thumb’s discretion. Shares may be purchased on the Canadian Securities Exchange, the OTCQX Best Market or alternative trading systems and will be subject to the limitations and rules imposed by U.S. and Canadian securities regulations.
The company does not expect to incur debt to fund the share repurchase program. The actual number of shares purchased, timing of purchases and share price will depend upon market conditions at the time and securities law requirements. All shares acquired will be returned to the treasury and canceled.
